Manappuram stock: Asirvad appoints Pasangha as CEO. Manappuram stock posts INR 30.34 billion revenue

Manappuram Finance Limited (INE522D01027) said Asirvad Micro Finance appointed GD Manoj Pasangha as managing director and chief executive officer on October 22, 2026. The appointment followed approval from the Reserve Bank of India, according to Manappuram Finance. Manappuram stock also posted INR 30.34 billion in revenue and INR 5.85 billion in net profit in the first quarter of fiscal 2027, according to Informed.

Asirvad adds leadership depth

Pasangha joined Asirvad as co-chief executive officer in October 2025 before taking the top operating role. The subsidiary has about INR 80.00 billion in on-book assets, with microfinance accounting for 70 percent and gold loans for 30 percent, according to Manappuram Finance's October 22 statement. For the parent company, the appointment places portfolio quality, governance and compliance at the center of the latest corporate update.

What do the earnings figures show?

The first-quarter numbers provide the stronger operating context. Consolidated revenue rose 34.10 percent year over year to INR 30.34 billion, while net profit increased 341.40 percent to INR 5.85 billion. Net margin reached 19.30 percent in the quarter, compared with 5.90 percent in the year-earlier period, based on the financial statement summary from Informed. The figures point to a sharp earnings rebound, although the revenue increase was smaller than the profit increase.

Three dates shape the recent record

On August 11, 2026, Manappuram reported first-quarter net profit of INR 5.85 billion and revenue of INR 30.34 billion. On September 24, 2026, the company restricted insider trading ahead of its September reporting cycle, according to the filings chronology on Informed. On October 22, 2026, Asirvad named Pasangha as its MD and CEO, with the subsidiary's INR 80.00 billion asset base stated in the company release.

Next reporting date is October 29

Yahoo Finance lists October 29, 2026 as the estimated next earnings date. The date gives investors a near-term checkpoint for whether the first-quarter profit rebound is carrying into the following reporting period.

Stock stays inside a wide range

Manappuram stock was last at INR 286.10 on the NSE on October 23, 2026 at 3:59 p.m. IST. The same dated market snapshot put the 52-week range at INR 245.15 to INR 381.55 and market capitalization at INR 26.9 thousand crore. The stock therefore sat below its yearly high while remaining above its yearly low, leaving the next earnings update as the clearest scheduled operating test.

Market context: Market report BSE Sensex.

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